Bart patterns and such a manipulation is going on, we may bounce back a bit and then go straight forward to 6600. In previous analysis we did not hit the support levels which was 30% chance, but going above 6360 as i mentioned with 6400 breakout (My sl tooked) This may change a game for a short time only.. Or we may see another bart thing on the 6600 ? I could...
EURUSD 30th May EUR has finally reached the month-long downside target at 1.1558 just in time for the end of the May. It actually exceeded the target by 45 pips before reversing higher and creating the first strong green candles of buying intent the market has seen for months now. But the counter rally is running out of momentum now whilst DXY holds above...
DXY Dollar Index Small counter-rally before further weakness DXY has crashed into the near term target zone at 92.74 - 92.55 (target 92.64) and bounced. It looks like it will consolidate by moving sideways to upwards, at best to test the upper parallel before it falls away again. When 92.50 gives way it should fall a further 1.5% to 91.01. This move, when...
UKOIL: Crude Oil Brent Update In the last comment stops were raised to just under 60 as we continue to run this long-pull swing trade to its conclusion, which may happen on Tuesday coming. The low yesterday was 60.01, so it came within 6 pips of stopping out before rallying once more. A damn close run thing, as Wellington said of the battle of Waterloo. Still...
NZD/USD: This pair should offer a nice each way trade this week coming...looking for a minimum 100 pip bounce for NZD which may extend to 180 pips at limit late Monday/early Tuesday before shorting NZD again as per the comment. (See also DXY comment for further confirmation and help on timing entry/exit points across most USD pairs. )
DXY Dolar index Low at 97.28 just 2 pips under the trigger - looks very bearish but concerned about getting sucked in before the open....need to be careful here as a chance of quick rally towards the upper parallel before coming off again. Whilst trapped under that parallel the Dollar will remain under pressure and will turn full-on bearish on a break below...
Cac 40 Index: Broken out and heading for 5790-5860 range, with 400 to 500 points upside still left in it in near term. Get long before the weekend and ride the rally, or sell into strength come Monday
i expect a retracement to fibo 38.2. then i am waiting impulse.
The Analysis Of EURUSD Before Non Farmer Data
touchdown at 96,xx Area. For any questions, please leave a message or a comment below. thx.
EURAUD POsible consolidation before it goes up again !
it is better to enter short now carefully before entering buy
Today is one of the days when I would recommend retail traders to have a break. Something or nothing is going to happen. in any case a huge slippage is expected. Might be a good idea to trade options.